121 SE 8TH AVE, Hillsboro, OR 97123

$1,049,999
2,652
SqFt

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List Price
$1,049,999
Price Change
▼ $70,001 1775803157
Days on Market
180
MLS#
108703487
Property Type
Multifamily
Sqft. of Residence
2,652
Lot Size
0K to 2, 999 SqFt
Region
Hillsboro, Forest Grove
Status
ACTIVE

Property Description

Check out this fabulous tri-plex! Exceptional investment opportunity in the Heart of Hillsboro! Just one block from Pacific University, minutes from OHSU/Tuality Hospital, MAX, bus lines, and vibrant downtown Hillsboro. This highly desirable property features three well-appointed townhomes—each on its own tax lot—offering 2 bedrooms and 1.1 baths per unit. Two units have new furnishings that come with the property! Extensively updated, this property boasts a new roof (2024), new washers, dryers, and refrigerators (2024), and private, fully fenced yards with new Trex decking (2025). Additional highlights include efficient gas heating, modern wood-laminate flooring on the main level, and fresh interior paint throughout. Best of all, there are no HOA fees. Ideal for investors seeking strong returns or owner-occupants looking to live in one unit while generating rental income from the others. Also great for short term rentals! A truly rare offering combining premier location, flexibility, and long-term value. Units have separate tax ID #’s and can be sold separately. [Home Energy Score = 9. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10233586]

Additional Information

Tax Amount
$2,242
Year Built
2002
High School
Glencoe
Elementary School
Lincoln
Middle School
Evergreen
Acres
0.02
Living Area
2,652
Stories
2
Subdivision
CPO 9 HILLSBORO/ORENCO
Terms
Cash, Conventional
Cooling Description
None
Fuel Description
Electricity, Gas
Heating Description
Forced Air
Hoa Rent Includes
None
Hot Water Description
Electricity, Tank
Exterior Description
Wood Siding
Roof Type
Composition
Sewer Description
Public Sewer
View
City, Territorial
Parking
Driveway
Security Or Entry
Sidewalk
Parking Description
Driveway
Road Surface
Paved
Number Of Units Total
3
Unit Type One Baths Total
2
Unit Type One Beds Total
2
Unit Type One Rent
2095
Unit Type One Sq Ft
884
Unit Type One Units Total
1
Unit Type Two Baths Total
2
Unit Type Two Beds Total
2
Unit Type Two Units Total
1
Unit Type Three Baths Total
2
Unit Type Three Beds Total
2
Unit Type Three Rent
1894
Unit Type Three Sq Ft
884
Unit Type Three Units Total
1

Mortgage Calculator

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Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Knipe Realty ERA Powered.

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